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Friday, November 25, 2005

Game Theory In Movies (via Mahalanobis)

Q: What do High Wind in Jamaica, Crimson Tide, The Maltese Falcon, and The Gods Must Be Crazy, The Princess Bride, and A Beautiful Mind have in common?

A: They all have scenes that illustrate concepts studiedd in game theory.

Mahalanobis has a good post that provides an excellent resource for teachers of economics. In it, he discusses how these movies can be used to illustrate the concepts of Nash Equilibrium, Brinksmanship, Asymmetric Information, and the strategic rationality of (seeming) irrationality)

Click here for the whole thing.

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